Euro Area Zew Economic Sentiment Index 1999-2016 | Data | Chart

The ZEW Indicator of Economic Sentiment for the Eurozone rose to 15.8 in November 2016 from 12.3 in October and above market expectations of 14.3. It was the strongest reading since June this year, as 29 percent of the analysts surveyed expect to see a pickup in economic activity in the coming six months while the vast majority of experts (57.8 percent) expect the economic development to remain unchanged and 13.2 percent expect economic growth to deteriorate. The indicator for the current economic situation also improved to -9.3 from -12.8 the previous month. Zew Economic Sentiment Index in Euro Area averaged 25.19 from 1999 until 2016, reaching an all time high of 89.90 in January of 2000 and a record low of -63.70 in July of 2008.

Euro Area Zew Economic Sentiment IndexNotes

In the Euro Area, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about current economic situation and expected economic developments for the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts are unhappy with the current developments and expect the conditions to deteriorate) up to 100 (all analysts are satisfied with the current situation and expect it to improve). A 0 value indicates neutrality. This page provides the latest reported value for - Euro Area Zew Economic Sentiment Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Zew Economic Sentiment Index - actual data, historical chart and calendar of releases - was last updated on December of 2016.